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Earlier quoted context omitted.
Really? On which other platform can you directly communicate (or at least listen to, unfiltered) to the worlds dictators, political leaders, and billionaires?
Twitter has destroyed public discourse. It has turned conversations into contents to be as short and as edgy as possible. I’m sorry you don’t see that.
What a contrast in leadership when you compare the way Twitter is doing this (rumor is right before bonus/stock vesting and cold impersonal email) and how Stripe is conducting their layoffs (empathy, 14 weeks severance, bonus payouts, etc.) Which company is going to have an easier time hiring after the dust settles and they have a growth stage again?
I don't see more empathy from Stripe. And since no one has come out of the process of mass layoffs yet, we don't know if Twitter isn't going to provide severance and bonus payouts and etc. On the other hand, Stripe was much more productive and is workforce wasn't so inflated.
It’s quite the contrast. I think there’s a lesson here. A well-drafted email could’ve saved twitter a lot of heartache.
Then again, maybe the email drafter got laid off too.
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There are images and video embeds and URL previews on tweets. There are fraudulent and abusive users who are trying to spam the user base. There are users whose threat model includes ‘will be attacked by the concerted cyber-offensive capabilities of sophisticated nation states’, as well as ‘will be cyber-bullied by the collective force of 8chan’, or ‘will be cyber-stalked by legions of k-pop stans’. Not clear which of those is more dangerous.
The SEC considers statements made on Twitter by corporate officers and company accounts to be material disclosures. Tweets are embedded in New York Times and bbc news articles. Courts take Twitter messages as evidence. Law enforcement organizations throughout the world have frequent interest in finding out what activity users have had on the platform.
And on top of that, it’s trying to run an ad business that takes that firehose of craziness and turns it into a marketable stream of attention that can be sold to advertisers.
Don’t downplay what Twitter does as ‘just moving 280 character messages’. It’s way, way more than that.
https://web.archive.org/web/20221104125809/https://techcrunc...
Earlier quoted context omitted.
Really? On which other platform can you directly communicate (or at least listen to, unfiltered) to the worlds dictators, political leaders, and billionaires?
Twitter has destroyed public discourse. It has turned conversations into contents to be as short and as edgy as possible. I’m sorry you don’t see that.
You can find a lot of very deep, long-form content. I'd recommend following Samo Burja or Doomberg for example.
I'm pretty curious about how and where Twitter employees were distributed. For a company ostensibly worth $44 billion, having 7,500 staff feels pretty damn lean. It feels like Musk isn't just purging people, he's purging the Twitter culture...
we'll find out soon if Twitter really need 7500 employees. (IMO, i just don't see how and why you needs that many people to run Twitter)
* Meta: 71,970 [2021]
* Apple: 164,000 [2022]
* Amazon: 1,298,000 [2020]
* Netflix: 11,300 [2021]
* Alphabet: 156,500 [2021]
* Microsoft: 221,000 [2021]
* The New York Times: 5000 [2021]
* Fox Corporation: 9000 [2020]
* Reddit: 700 [2021]
(Anyone else I should add?)
I can't really find any trends. I think Reddit is an outlier, and my impression is having only 3750 employees would probably put Twitter on the smaller end of the scale too.
What a contrast in leadership when you compare the way Twitter is doing this (rumor is right before bonus/stock vesting and cold impersonal email) and how Stripe is conducting their layoffs (empathy, 14 weeks severance, bonus payouts, etc.) Which company is going to have an easier time hiring after the dust settles and they have a growth stage again?
Take this: You take over a company that was full of bad behaving managers and employees. The previous CEO supported this situation. The new CEO who bought the company need to quickly turn the ship around. Severance, bonus payouts? Yes, if the staff you take over was really good and they deserve it. Is it the same case with Twitter? Can we compare Stripe and Twitter on this level?
I don't know internals of Twitter. I'm just asking a theoretical question.
What a contrast in leadership when you compare the way Twitter is doing this (rumor is right before bonus/stock vesting and cold impersonal email) and how Stripe is conducting their layoffs (empathy, 14 weeks severance, bonus payouts, etc.) Which company is going to have an easier time hiring after the dust settles and they have a growth stage again?
I don't see more empathy from Stripe. And since no one has come out of the process of mass layoffs yet, we don't know if Twitter isn't going to provide severance and bonus payouts and etc. On the other hand, Stripe was much more productive and is workforce wasn't so inflated.
What a contrast in leadership when you compare the way Twitter is doing this (rumor is right before bonus/stock vesting and cold impersonal email) and how Stripe is conducting their layoffs (empathy, 14 weeks severance, bonus payouts, etc.) Which company is going to have an easier time hiring after the dust settles and they have a growth stage again?
Not all companies die after massive layoffs. Sometimes all you need is to contract before building a better place again. Whoever is hired next by Twitter is going to be coming for the future potential, not for what happened during the layoffs.
Since apparently nobody else in the thread has any empathy for those who've lost their jobs, future access to healthcare (in the US and less civilized countries), and financial security, I guess I'll be the first: I feel bad for people who are laid off by the machinations of billionaires. I wish we lived in a society where it wasn't optimal to act like raving lunatics will tear down every bit of security you have at…
Also I’m sure you didn’t have this intention, but your comment made me think about East Germany. When the wall came down, there were all these state owned companies that had to be sold, something had to be done with them. They could not produce enough income to maintain the workforce that they had. This really upset a lot of people and they lost their jobs. It was not their fault, it was the fault of the state and the structure of the company.
Twitter apparently is quite bloated, and for the company to survive and succeed it needs to cut costs, or go out of business.
Germany could’ve easily just closed all of those companies in the east and laid everyone off, but they did their best to sell them so that people could still be employed.